Disclosure: I do not act as an agent or work for any brokerage service. I am not affiliated with any Questrade competitor. I do not profit from the posts.
Can anyone trust a company who lies, deceives, cheats and steals your hard earned money?
So many try to talk to Questrade in private or file official complaints with the regulators, hoping they will do the right thing, without any results. I hope that publishing these stories will help those being cheated or abused by Questrade and keep others from falling into the same traps.
What are the regulators doing about Questrade? Absolutely nothing. Current regulation doesn’t prevent their unprofessional, unethical, dishonest and unlawful behavior. Questrade function with near total impunity.
My best advice to anyone having serious issues with Questrade is to file official complaints with the regulators and then contact a good lawyer and your local media, because the regulators will not help you.
Please do not hesitate to share your experiences with Questrade and feel free to repost and share.
If you don’t have the time to read, please do yourself a huge favor by avoiding Questrade discount stock broker (Questrade.com) at all costs, because it’s the only sure way to avoid being one of it’s many victims.
I have done a great deal of research and according to the multiple official complaints and blog posts, “Questrade is a dreadful company” would be an understatement.
Judging from the information that I’ve gathered, all those posts warning people to “STAY FAR AWAY from Questrade” in all kinds of colorful language seem 100% correct.
It’s easy to understand why Questrade is “not BBB Accredited” (The Better Business Bureau) and went from a failing “F grade from BBB”, which is the lowest rating an online business can get on a scale of A+ to F, to “No Rating”.
It’s up to you to decide if you believe all those reviews praising Questrade.com or all the “Questrade is a wonderfully great company. I’ve been with them for X years and everything is perfect.” posted by the paid Questrade trolls.
If you disregard all the terrible experiences so many have had with Questrade and decide to trust them with your hard earned money, remember that you could be the next person with a sad story to tell.
No matter who you decide to do business with, do your due diligence and keep records.